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The Latest Breaking News from Unemployment

Australia’s unemployment rate inches higher to 4.1% in June making a rate cut less likely

Jobless figure up from 4% in May, despite 50,100 new roles being created across the economy, raising prospect of higher RBA interest rates

The Guardian - AU

China’s Youth Jobless Rate Falls for a Third Month to 13.2%

Jobless figures encouraging but concern at 11.8 million graduates entering the job market this year

Caixin Global

South Africa has a joblessness crisis: fixing it will take fresh thinking to find a game-changer

Everyone agrees that solving the unemployment problem in South Africa is the number one priority for economic policy for the new government, as it has been for all governments since 1994. What is less clear, and highly contested, is what should be done to solve this problem.

The Conversation

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Fact-checking Day 2 of the Republican National Convention - Roll Call

By D’Angelo Gore, Robert Farley, Lori Robertson, Eugene Kiely and Ian Fox On a night when the focus was on safety and unity at the Republican convention, a number of GOP leaders also offered up some misleading and false claims FactCheck has seen before. Several speakers also blamed Biden for…

Roll Call

Australian workers’ living standards have been destroyed – and there is little good news ahead

While interest rates may have peaked, the labour market is fragile and the economy is set to slow even further

The Guardian - AU

Record Low Unemployment Rates Under Trump And Biden Compared

Comparison of record low unemployment rates for demographic groups under Trump and Biden administrations.

Top News

South Africa’s new unity government must draw on the country’s greatest asset: its constitution

South Africa’s economy is strained, unemployment and crime are extremely high, policing is ineffective and the public service is dysfunctional. Francois Venter was involved in drafting the country’s transitional 1993 and final 1996 constitutions. Since then, he has researched comparative constitutional law and theory. He believes the outcome of the…

The Conversation

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US Unemployment Claims Drop, Labor Market Remains Strong

Recent Labor Department data shows decline in jobless claims and individuals receiving unemployment benefits, indicating stability in the US labor market.

Top News

US Unemployment Claims Drop, Maintaining Healthy Levels

Latest report shows decrease in unemployment claims, indicating positive job market trend and economic recovery.

Top News

Fewer Americans apply for jobless claims last week as labor market remains sturdy

Fewer Americans filed for unemployment benefits last week as the labor market remains sturdy despite high interest rates

The Independent UK

One of the most accurate recession indicators is close to sounding the alarm as unemployment continues to rise

While the current jobless rate is still historically low, its rate of increase could be a sign of deteriorating economic conditions.

Fortune

Jobless rate rises for Latina workers but labor force participation rises for men

Latinas saw their unemployment rate rise from 4.1% to 4.5% in June, while it decreased from 6.4% to 6.1% for men

Latin Times

Stock Market Today: S&P 500 and Nasdaq Hit Records as Jobs Growth Slows

An uptick in the unemployment rate amid a cooling labor market could accelerate the Fed's rate-cut timeline.

Kiplinger

Softer June Jobs Report Raises Rate-Cut Bets

Slower hiring and a rise in the unemployment rate up the odds of the Fed easing more than once before year-end, experts say.

Kiplinger

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Top News

Black Unemployment Rate Rises, Inflation Debate Heats Up

Biden and Trump target Black voters with claims on unemployment and inflation, but data reveals discrepancies.

Top News

Federal Reserve Monitoring Labor Market For Potential Rate Cuts

Federal Reserve's cautious approach to potential rate cuts amidst rising unemployment and inflation concerns.

International Business Times

US Hiring Cools In June, Unemployment Up Slightly: Govt

US job gains eased slightly in June while unemployment edged up, government data showed Friday, in the latest sign that the world's biggest economy is cooling as policymakers hope.

Top News

Unemployment Rate Rises To 4.1% In Latest Jobs Report

US unemployment rate rose to 4.1% in June, highest since November 2021, amid economic uncertainties.

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Top News

US Job Growth Cools, Unemployment Rate Rises To 4.1%

US job growth slightly slowed last month, adding 206,000 jobs, with an unexpected rise in the unemployment rate to 4.1%.

The Guardian - US

US economy adds 206,000 June jobs as labor market cools slightly

Number is close to what was expected, as unemployment rate creeps above 4% for first time in two years

Top News

Unemployment Claims Rise, Job Market At Risk Of Slipping

Recent data shows rising unemployment claims and mixed job market signals amid economic recovery.

Barchart

Dollar Slides as Weak US Economic News Bolsters Rate Cut Hopes

The dollar index (DXY00 ) Wednesday fell by -0.33% and posted a 3-week low. The dollar came under pressure Wednesday on weaker-than-expected US labor market news that showed a smaller-than-expected increase in the Jun ADP employment and a jump in weekly continuing unemployment claims to a 2-1/2 year high, a...

Barchart

Crude Erases Early Gains on US Economic Concerns

August WTI crude oil (CLQ24 ) today is down -0.14 (-0.17%), and Aug RBOB gasoline (RBQ24 ) is down -2.83 (-1.10%). Crude oil and gasoline prices today gave up an early advance and turned lower on US economic concerns after weekly continuing unemployment claims rose to a 2-1/2 year high,...

Barchart

Dollar Falls and Precious Metals Rally on Weak US Economic News

The dollar index (DXY00 ) today is down by -0.52% at a 2-week low. The dollar came under pressure today on weaker-than-expected US labor market news that showed a smaller-than-expected increase in the Jun ADP employment and a jump in weekly continuing unemployment claims to a 2-1/2 year high, a...

The Independent UK

US filings for jobless claims inch up modestly, but continuing claims rise for ninth straight week

The number of Americans filing for unemployment benefits inched up last week, but remain at historically healthy levels despite elevated interest rates

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